Constructive On The Construction Sector

The Bursa Malaysia Construction Index has outperformed the broader market as it is up by 7% on a year to date basis. With the value of construction work done in the first quarter of this year exceeding 32 billion ringgit, a growth of 9.2% year-on-year, is it time to buy construction stocks? Or are there any headwinds that persist? Questions we ask Loong Chee Wei, Senior Associate Director, Affin Hwang Investment Bank.

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